AT&T saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 77 to 81.
IBD's proprietary rating tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks often have an 80 or higher RS Rating in the early stages of their moves.
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AT&T is not currently offering a proper buying opportunity. See if the stock goes on to build a promising consolidation that could kick off a new price move.
While sales growth fell last quarter from 2% to 0%, EPS grew -5%, up from -8% in the prior report. The next quarterly results are expected on or around Jul. 24.
The company earns the No. 2 rank among its peers in the Telecom Servics-Integrated industry group. IDT Corp B is the top-ranked stock within the group.
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